DeFi taxes are complicated. Every swap, deposit, and reward claim can be a taxable event. This guide helps you understand LP tax implications.
Disclaimer: This guide provides general educational information only. Consult a qualified tax professional for advice specific to your situation.
Taxable Events in DeFi
- Swapping Token A for Token B
- Receiving rewards/yield
- Selling crypto for fiat
- Receiving airdrops
Tracking Tools
- Koinly – Comprehensive reporting
- CoinTracker – Clean interface
- TokenTax – DeFi-focused
- Rotki – Open source